China’s 34-category US retreat could reshape apparel sourcing

TexPro shows US apparel imports from China across all 34 HS61–62 headings fell about $2.20 billion, or 40.3 per cent, in January–May 2026.
China lost value and share in every heading, while non-China import value rose in only 18.
Cambodia, Egypt, Indonesia and Vietnam gained, but added far less than China’s loss as new H2 tariffs reshape sourcing.

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Bata India Announces Q1 Results – Delivers Third Consecutive Quarter of Accelerating Growth

Bata India, India’s most trusted footwear today announced its financial results for the quarter ended June 30, 2026, reporting revenue of Rs. 9,789 million, reflecting a ~4% year-on-year growth over Q1 FY26. PAT for the quarter stood at Rs. 637 million, compared with Rs. 517 million in the corresponding quarter last year, a growth of over 23%.

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Can Bangladesh convert US TRQ edge into lasting advantage?

Bangladesh may gain a time-bound edge in the US apparel market through three-year TRQs for selected textile and cotton products, while India is excluded.
Qualifying exports would avoid the additional Section 301 tariff, but the mechanism is not yet operational.
India is reportedly weighing similar concessions; impact will depend on quota volumes, sourcing costs and US clarity.

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Is Vietnam’s apparel growth story running into a labour crunch?

Vietnam’s textile and garment exports rose to an estimated $4.672 billion in July 2026, with seven-month shipments at $27.02 billion.
Labour shortages are emerging as 130,000-150,000 Vietnamese reportedly take overseas jobs each year, while electronics and machinery firms compete for workers.
Garment factories may struggle to meet order deadlines or secure new contracts if manpower gaps persist.

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UK’s clothing exports dip 9.8% in June 2026

United Kingdom clothing exports fell 9.84 per cent to £229 million (~$309.97 million) in June 2026, and eased 12.59 per cent from May.
Textile fabric exports fell 2.66 per cent to £219 million; fibre exports were £48 million, compared with £43 million a year earlier.
In Q2 2026, clothing exports eased 1.93 per cent to £711 million, while fabric exports fell 7.56 per cent to £648 million.

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Tariff refunds: Bangladesh garment makers face a new hurdle

Bangladesh garment exporters reportedly cut prices or offered discounts to retain US orders after the tariff shock, absorbing part of buyers’ higher import costs.
US importers of record, not Bangladeshi suppliers, are in line for refunds on invalidated IEEPA duties, leaving factories reliant on negotiations.
Relief is expected via future price hikes, larger orders or freight-cost concessions.

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Bangladesh’s green advantage faces the profitability test

Bangladesh’s 284 LEED-certified units, including 52 of the world’s top 100, keep it a green apparel manufacturing benchmark.
Green factories can cost 20–30 per cent more upfront, yet certification does not assure higher prices, orders or bargaining power.
With buyers widening ESG checks on traceability, emissions and resource use, makers need productivity, technology and efficiency gains.

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How did Switzerland’s On swing from loss to $129 mn profit in Q2 2026?

On Holding AG has reported a sharp rise in net income to CHF 105.0 million (~$129.07 million, as per conversion rate of $1 = CHF0.8135 as on August 14, 2026) for Q2 2026, as net sales climbed 13.5 per cent to CHF 850.3 million (~$1.05 billion).
DTC sales surged 26 per cent, and Asia-Pacific revenue jumped 43.1 per cent, outpacing other regions.
The company raised its full 2026 outllok.

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